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Mar 19, 2013
03/13
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we should scrap the tax code. start over. do a paradigm shift in terms of tax reforms. but each problem is enormous. handle them separately. social security, medicare, other mandatory spending. if you start talk being a grand bargain y think that's possible. >> brian: this is where i see hope. when i saw dick durbin on sunday, when i saw senator mark warner, democrat, a few days prior say entitlement reform is where it really has to start, i see a shift from those old, he said, he said, type attitudes. >> brian, there is an awful lot of discussion after this election. you had 2010, we won. 2012, he won. the elections are over. now it's time to govern. these are enormous problems. i'm sensing the democrats that they may be getting serious about trying to work with us to start solving these problems. that would be a good thing. >> brian: but you will not agree to a rate increase in taxes, i understand? >> listen, he's already got his tax increase. each one of these problems should be handled separately. we shouldn't talk about tax reform when talking about how do you save
we should scrap the tax code. start over. do a paradigm shift in terms of tax reforms. but each problem is enormous. handle them separately. social security, medicare, other mandatory spending. if you start talk being a grand bargain y think that's possible. >> brian: this is where i see hope. when i saw dick durbin on sunday, when i saw senator mark warner, democrat, a few days prior say entitlement reform is where it really has to start, i see a shift from those old, he said, he said,...
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Mar 19, 2013
03/13
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among them, waiving the city's hotel tax for nfl employees and teams. also suspending two ticket surcharges on the super bowl, and dropping added parking fees. the concessions add up to millions. but officials say the cost will more than be offset by the income and publicity generated by the game. the league owners will decide on may 22nd who will host super bowl xx. >>> christina, how are we? >> good morning to you. looking at the cloud before the storm. mostly-clear conditions. the afternoon highs are going to jump in the upper 60s and low 70s. we hit highs similar to yesterday. the good news is, temperatures are going to be comfortable. 69 degrees at 4:00 p.m. inland. 63 at the coast. we'll have the seven-day outlook in five minutes. >>> the bay bridge toll plaza has filled in. all of the folks coming down the east shore freeway. earlier, a crash in richmond had things bottled up. now, the slow down for west 80 is causing the backup. we have folks pent up from highway 4. highway 4, very slow. but the crash has cleared from lanes. still very tough, ve
among them, waiving the city's hotel tax for nfl employees and teams. also suspending two ticket surcharges on the super bowl, and dropping added parking fees. the concessions add up to millions. but officials say the cost will more than be offset by the income and publicity generated by the game. the league owners will decide on may 22nd who will host super bowl xx. >>> christina, how are we? >> good morning to you. looking at the cloud before the storm. mostly-clear conditions....
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Mar 24, 2013
03/13
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FOXNEWSW
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this is not like a tax. it's a smash and grab. the government runs the banks, so when they're failing and need money, they could keep the deposits that the citizens have inside their accounts. cyprus needs to come up with 7 1/2 billion dollars on its on in order to get the european unions to loan it the rest of the money to keep the country running. it's like matching funds in a highway and in belgium holding last minute talks with european leaders. they better talk quickly because the european bank has been giving emergency cash to cyprus to keep the banks there afloat. that cash stops tomorrow if there's no deal in the works. some pictures now from earlier. citizens filling the streets in panics and their businesses hurting from no cash flow and the atm's shut down. and they're worried the government will take their money. greg palkot is in cyprus and brenda buttner in the studio. let's go to graeg. what's the latest for cyprus. >> reporter: harris, it looks like it's going to be an all-nighter. and people are looking nervously
this is not like a tax. it's a smash and grab. the government runs the banks, so when they're failing and need money, they could keep the deposits that the citizens have inside their accounts. cyprus needs to come up with 7 1/2 billion dollars on its on in order to get the european unions to loan it the rest of the money to keep the country running. it's like matching funds in a highway and in belgium holding last minute talks with european leaders. they better talk quickly because the european...
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336
Mar 18, 2013
03/13
by
CNNW
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i mean, if you're talking about taxes and taxing small businesses, you have to talk about the fact that if -- if -- if our small businessman has to pay more money to the government, then he's going to have less money to pay to his ememployers, and the ememployers will have less money to send kids to the school of their choice. i think it's a matter of talking about the debt differently. not just we are in imminent danger in a debt crisis in this country. but what does that mean to people? it means that our government is growing so fast and it's becoming so expensive that we're making payments to our credit cards that we can't afford, which means we have to keep -- we'll keep having this debate about needing more revenue to the government. well, that means less money in people's pockets. it means less money at home. less money to put in your car. we have to tell the history of our party. the history of freedom and opportunity and equality. which we're not doing. and in your report earlier -- i think -- go ahead. sorry. >> yeah, listening to sarah palin, the republican vice presidential n
i mean, if you're talking about taxes and taxing small businesses, you have to talk about the fact that if -- if -- if our small businessman has to pay more money to the government, then he's going to have less money to pay to his ememployers, and the ememployers will have less money to send kids to the school of their choice. i think it's a matter of talking about the debt differently. not just we are in imminent danger in a debt crisis in this country. but what does that mean to people? it...
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Mar 25, 2013
03/13
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CSPAN2
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public support, support that translates into prioritizes spending -- prioritized spending of their tax dollars, is that the public views space much as most people view their cars, they just want them to work. they don't care about the mechanics or how to build or repair a car, they just want to drive the car. similarly with space, because of the resounding success of nasa and other organizations responsible for putting substantial space infrastructure into orbit, americans, indeed people all over the world, use their atm cards, use gps in their cars and boats and rely on the weather channel to tell them whether they should carry an umbrella totally oblivious to the role that space assets play in providing that information. so in that regard the immediate benefits of space activity are not forgotten to most of the public. perhaps that knowledge was never known in the first place. space is associated largely with exploration and so considered expendable during times of economic restraint, something that cannot be put off -- that can be put off until later. but that premise is incorrect e
public support, support that translates into prioritizes spending -- prioritized spending of their tax dollars, is that the public views space much as most people view their cars, they just want them to work. they don't care about the mechanics or how to build or repair a car, they just want to drive the car. similarly with space, because of the resounding success of nasa and other organizations responsible for putting substantial space infrastructure into orbit, americans, indeed people all...
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Mar 20, 2013
03/13
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KTVU
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. >> reporter: jeff gay marriage relative la introduced two bills to give tax incentives to manufacturers to stay in california. it would be $94 million over the next couple of years. >> primarily in the commercial nonmilitary operation. >> reporter: there was a hearing today about the law requiring the faa to select six areas in the country where they can be tested. >> the whole idea behind the legislation is to figure outweighs to safely integrate into the air space. >> reporter: two places in california are fighting to be the home base. it could mean many jobs. >> i think over the next few years you'll see more use of unmanned air craft in all different kinds of aspects of life. >> reporter: the faa will select the areas of the country that can test the drones. one purpose of the hearing was to get government leaders more involved in fighting for this contract. >>> california high speed rail authority have given up on building their own tracks. they voted to use the bullet tracks. they voted on spending money to improve the tracks. the the -- >>> police in free month say a thief manage
. >> reporter: jeff gay marriage relative la introduced two bills to give tax incentives to manufacturers to stay in california. it would be $94 million over the next couple of years. >> primarily in the commercial nonmilitary operation. >> reporter: there was a hearing today about the law requiring the faa to select six areas in the country where they can be tested. >> the whole idea behind the legislation is to figure outweighs to safely integrate into the air space....
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Mar 20, 2013
03/13
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CSPAN
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it's a plan for tax reform. it's a plan to open up our energy stores that we have here so we can be energy independent. we have vast amounts of energy reserves we need to tap so we can put people to work, bring down gas prices, stretch paychecks further. we've got to control our spending appetite. we've got to reform programs like medicare so they're solvent. we've got to reform our safety net so it works to get people on their feet. that's what this budget does. in a nutshell, instead of spending $46 trillion over the next 10 years, as we're currently poised to spend, we spend $41 trillion. instead of growing spending 5% a year we grow at 3.4% a year. with all the predictions of doom and gloom and how evil and terrible and horrible or budget is, it increases spending every year by 3.4% a year instead of 5% a year. the difference is we balance the budget. the difference is we let families keep more of their own take-home pay. the difference is we make sure our kids inherit a debt-free future. the difference is w
it's a plan for tax reform. it's a plan to open up our energy stores that we have here so we can be energy independent. we have vast amounts of energy reserves we need to tap so we can put people to work, bring down gas prices, stretch paychecks further. we've got to control our spending appetite. we've got to reform programs like medicare so they're solvent. we've got to reform our safety net so it works to get people on their feet. that's what this budget does. in a nutshell, instead of...
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Mar 24, 2013
03/13
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CNNW
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. great first gig! let's go! party! awwwww... arigato! we are outta here! party...... finding you the perfect place, every step of the way. hotels.com >>> good morning, atlanta. doesn't look like it yet, though. see a live shot of downtown atlanta there. very soggy downtown. heavy thunder and lightning overnight. and take a look at the radar. that's why. heavy storms move in across the southeast today. everybody kind of hunkered down there. not only trying to get you ready for the day ahead with weather but let's talk about the week ahead from outer space to cool new cars. time to get you ready. let's talk about tuesday first of all. dragon capsules splash down in the pacific ocean. fill
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. great first gig! let's go! party! awwwww... arigato! we are outta here! party...... finding you the perfect place, every step of the way. hotels.com >>> good...
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Mar 20, 2013
03/13
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MSNBCW
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washington loves to talk about taxes. a long time now sideways spending is the problem and until we talk about spending it doesn't matter what revenue you get. got to fix the spending problem. >> nancy pelosi says we don't have a spending problem. actually, you've got -- hoyer saying we do. paul krugman you don't have to worry about medicare until 2025. this has bubbled up on the left the past three or four months. we call it debt deniers here. what is going on here? >> i've been saying the same thing for ten years. since i was at the cbo. the facts haven't changed. if you look at the numbers, you know, spending at rates you cannot tax your way out of and can't grow your way out of the only thing you can do is get your arms around those programs. what it's come down to is the recognition that we have to do something different in medicare. we have to do something digit in medicaid. fix the social security on its own merits and this is really a fight about how to save the social safety net. the sad part for me is there shou
washington loves to talk about taxes. a long time now sideways spending is the problem and until we talk about spending it doesn't matter what revenue you get. got to fix the spending problem. >> nancy pelosi says we don't have a spending problem. actually, you've got -- hoyer saying we do. paul krugman you don't have to worry about medicare until 2025. this has bubbled up on the left the past three or four months. we call it debt deniers here. what is going on here? >> i've been...
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Mar 25, 2013
03/13
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KNTV
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no they are the tax men. >> russia, i dream someday i'd be rich and famous. >> me too. that's why i became a public servant. >> reporter: the irs says the video was made for a 2010 employee conference. >> that's right, sir. pennies on a dollar. >> reporter: the house oversight committee demanded the irs turn over the video and explain how much was spent. congressman said the star trek video did not contain meaningful training content and called it expensive silliness. >> the american people will see it and be dismayed and disappointed and be like i knew those guys were wasting my money. >> reporter: the irs responded saying, in part, there's no mistaking that this video did not reflect the best stewardship of resources and a video of this type would not be made today. for that $60,000 they made a gilligan's island spoof but they found it did have training value. the irs says by making videos they can save money by getting information to the public or their employees. they have their own you tube channel that has had 4 million views. matt? >> all right. thank you very mu
no they are the tax men. >> russia, i dream someday i'd be rich and famous. >> me too. that's why i became a public servant. >> reporter: the irs says the video was made for a 2010 employee conference. >> that's right, sir. pennies on a dollar. >> reporter: the house oversight committee demanded the irs turn over the video and explain how much was spent. congressman said the star trek video did not contain meaningful training content and called it expensive...
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Mar 20, 2013
03/13
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KRON
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there's no oversight and we cannot compete because we have to pay taxes and city fees. they can undercut us. >> catherine: with the new legislation that they feel that the value of their medallions will go down >> it is going to be locker vp for anybody will get a table in berkeley -- it is going to be-blacher @ chez pannisse. much of this is going to be torn down. more structural integrity will be needed to be improved from the 1970's. >> they are calling this doomsday or armageddon. imagine a large asteroid it hot topic. nassau is talking about what we can do about it, if anything? >> if an asteroid explosion of that size were to explode over an urban area it could cause hundreds of casualties. is much smaller. >> reporter: smaller than a meteor recently and of russia and siberia. it hurt 1000 people with flying shrapnel and glass. it happens once every hundred years. this doomsday asteroid is every 1000 years. nasa cannot pinpoint when, where but they want to be ready. there is no real solution of the are working on it >> coming off i will introduce you to the haywar
there's no oversight and we cannot compete because we have to pay taxes and city fees. they can undercut us. >> catherine: with the new legislation that they feel that the value of their medallions will go down >> it is going to be locker vp for anybody will get a table in berkeley -- it is going to be-blacher @ chez pannisse. much of this is going to be torn down. more structural integrity will be needed to be improved from the 1970's. >> they are calling this doomsday or...
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Mar 18, 2013
03/13
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FOXNEWSW
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endorsing consumption tax? is that what i'm hearing? >> you heard the doctor endorse that. >> taxing russians only. [ laughter ] >> bret: next up, the g.o.p. extreme makeover. i'm doing my own sleep study. advil pm® or tylenol pm. the advil pm® guy is spending less time lying awake with annoying aches and pains and more time asleep. advil pm®. the difference is a better night's sleep. ♪ ♪ >>> our message was weak. our ground game was insufficient. we weren't incollusive. we were behind in both data and digital. our primary and debate process needed improvement. >> young voters are increasingly rolling their eyes at what the party represents. >> and many minorities think that republicans don't like them. or don't want them in our country. >> if hispanics think we don't want them, here they will close their ears for policies. >> bret: besides all that, everything is fine in the g.o.p. today, a report out from the head of the g.o.p., the chairman. reince priebus, who said focus group called the party narrow
endorsing consumption tax? is that what i'm hearing? >> you heard the doctor endorse that. >> taxing russians only. [ laughter ] >> bret: next up, the g.o.p. extreme makeover. i'm doing my own sleep study. advil pm® or tylenol pm. the advil pm® guy is spending less time lying awake with annoying aches and pains and more time asleep. advil pm®. the difference is a better night's sleep. ♪ ♪ >>> our message was weak. our ground game was insufficient. we weren't...
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Mar 19, 2013
03/13
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they don't want employees to be charged a hotel tax. the decision will be made between san francisco and miami for the super bowl l. >>> a bay area college basketball team is about to enter march madness. the men's team got a rousing sendoff yesterday. they are now in ohio where they will play middle tennessee state later today. the game starts at 6:10, pacific daylight time. the other team in the ncaa tournament is from uc berkeley and they will be playing thursday against university of nevada, las vegas and that will be at san jose's hp pavilion. >>> a closer look at wall street ahead. it's now official, developing news on a sweet deal to save a hostess treat. ♪ i'm your venus [ female announcer ] what does beauty feel like? find out with venus embrace. every five-bladed stroke gives you 360 degrees of smooth for goddess skin you can feel and feel. ♪ i'm your venus only from venus embrace. for goddess skin you can feel and feel. ♪ i'm your venus >>> despite good news on home construction, investors are still fretting about the d
they don't want employees to be charged a hotel tax. the decision will be made between san francisco and miami for the super bowl l. >>> a bay area college basketball team is about to enter march madness. the men's team got a rousing sendoff yesterday. they are now in ohio where they will play middle tennessee state later today. the game starts at 6:10, pacific daylight time. the other team in the ncaa tournament is from uc berkeley and they will be playing thursday against university...
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cypress says revising its deposit tax plans with the burden easing for those was smaller bank accounts but holders of more than one hundred thousand euros will lose almost ten percent of their cash the country's parliament is expected to vote on the package later today the president did move to dip into people's pockets is to secure a vital cash injection from the e.u. and the i.m.f. the plans are triggered a run on banks and protests in the country let's get some insight from lucy robinson a british journalist that living in cyprus lucy just how powerless do people feel over their own money right now especially those with megace tapings. which well i think that the initial shock and outrage has subsided a bit since saturday when the announcement was first made right now people are really just waiting to see what the announcement is there's a feeling of expectancy people want to know what the decision is going to be about any bank levy in cyprus but yes there has been a lot of anger and have. been people saying that they want to remove their cash from cyprus as soon as they can of cour
cypress says revising its deposit tax plans with the burden easing for those was smaller bank accounts but holders of more than one hundred thousand euros will lose almost ten percent of their cash the country's parliament is expected to vote on the package later today the president did move to dip into people's pockets is to secure a vital cash injection from the e.u. and the i.m.f. the plans are triggered a run on banks and protests in the country let's get some insight from lucy robinson a...
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and so i pay for everyone's meal as a kind of friendly tax. was. it said of kirkuk could be one of the world's richest cities it is certainly one of the most dangerous. discreet an ordinary heroines. who is a kurd investor are opposed and fortune in the opening of a private school a generous act which has attracted m.p.'s attention i don't know. i'm terrified. if i do the day after or not that was broadcast to promote the school to physio and so i got a telephone call and i'm with you in the us you join with the know your first hobby hello about any hello you are you know a nothing at hobby that is simple bought it. a man introduced himself as a member of a terrorist organisation and demand money for that and my colleagues were terrorized through. other like so's the school for a month and then i said we have to open it again we can't just give him. michael but we have to we're still life has to go on. that. neither the terrorists nor anyone else can stop me from working as a mystical only god is the master of my destiny. sigrid laboratory to mccur
and so i pay for everyone's meal as a kind of friendly tax. was. it said of kirkuk could be one of the world's richest cities it is certainly one of the most dangerous. discreet an ordinary heroines. who is a kurd investor are opposed and fortune in the opening of a private school a generous act which has attracted m.p.'s attention i don't know. i'm terrified. if i do the day after or not that was broadcast to promote the school to physio and so i got a telephone call and i'm with you in the us...
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Mar 19, 2013
03/13
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MSNBCW
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rejected a bro posed tax on bank deposits casting doubt on a bailout. >>> in the u.s. housing starts jumped .8% in february meeting expectations. meanwhile, building permits a gauge of future construction rose to the highest level since 2008. that's it from cnbc, first in business worldwide. now back to "hardball." >>> there's no one reason we lost. our message was weak. our ground game was insufficient. we weren't inclusive. we were behind in both data and digital. and our primary and debate process needed improvement. >> there's the lift of a driving dream. welcome back to "hardball." rnc chair rience priebus reporting on the state of the republican party and brought relief to establishment types but also angered conservativeses who say priebus, that man there, was exactly wrong, that the party can't win if it moderates its right wing positions. here was rush limbaugh reacting to priebus. >> they think they have to re-brand. reach out to minorities. got to moderate their tone here and moderate their tone there. that's not at all what they've got to do. all they have
rejected a bro posed tax on bank deposits casting doubt on a bailout. >>> in the u.s. housing starts jumped .8% in february meeting expectations. meanwhile, building permits a gauge of future construction rose to the highest level since 2008. that's it from cnbc, first in business worldwide. now back to "hardball." >>> there's no one reason we lost. our message was weak. our ground game was insufficient. we weren't inclusive. we were behind in both data and digital....
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Mar 18, 2013
03/13
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CNNW
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eye 438
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a proposed eu bailout for cyprus includes a tax on bank customer's savings accounts. an idea that sends shivers through the investment community. right now the dow down just a bit, down 20 points here on this monday. we promise to keep an eye on that for you. >>> lbgt americans are our colleagues, our teachers, our soldier, our friend, our loved ones. and they are full and equal citizens and deserve the rights of citizenship. that includes marriage. >> hillary clinton today endorsing gay marriage. the former secretary of state appearing in this video by the human rights campaign just weeks after leaving the administration. clinton says she wishes every parent the joy of watching their kids get married. >>> the nom nominee for the labor department once worked as a garbage collector. he paid his way through college by working odd jobs including sanitation. today he thanked the president in english and spanish. he will replace hilda solis. >>> it is official, tiger woods and lindsey vonn love birds. the golfer confirming the two are an item. she mentioned it on per twitt
a proposed eu bailout for cyprus includes a tax on bank customer's savings accounts. an idea that sends shivers through the investment community. right now the dow down just a bit, down 20 points here on this monday. we promise to keep an eye on that for you. >>> lbgt americans are our colleagues, our teachers, our soldier, our friend, our loved ones. and they are full and equal citizens and deserve the rights of citizenship. that includes marriage. >> hillary clinton today...
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Mar 20, 2013
03/13
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KICU
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>>reporter: miami said they will not wave the tax. they will hear. the before they vote tonight. >>> the niners super bowl committee will deliver a plan in march. if the bay area loses out for super bowl l, it will go up against houston for super bowl li. final announcement is expected to be made may 22nd. >>> turning to the weather, we've been tracking a system, bringing rain to the bay area. let's take a look at it and see how it's starting to come in. this is new video. rosemary joins us now with more. >> earlier today, i want to show you right around 4:00 or 5:00, we began to see the light showers on storm tracker 2 and moderate to heavy rains slid around the peninsula. right now it's over the east bay and died down just a little bill. there's still good rain falling is long 880. if i put on the tracker, you can see anywhere from .32 fall an hour. this was along the peninsula and will continue to move east in the next half hour. we've got about a 24 hour win die where we will see off and on rain at times. i'll show you what the expect coming up .
>>reporter: miami said they will not wave the tax. they will hear. the before they vote tonight. >>> the niners super bowl committee will deliver a plan in march. if the bay area loses out for super bowl l, it will go up against houston for super bowl li. final announcement is expected to be made may 22nd. >>> turning to the weather, we've been tracking a system, bringing rain to the bay area. let's take a look at it and see how it's starting to come in. this is new...
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and so i pay for everyone's meal as a kind of friendly tax. was. it said that kirkuk could be one of the world's richest cities it is certainly one of the most dangerous. discreet and ordinary heroines. who is a kurd investor are a puzzling fortune and the opening of a private school a generous act which has attracted m.p.'s attention. i'm terrified so little if i do the day after not thought it was broadcast to promote the school to physio and so i got a telephone call and i'm with you old enough to join he said oh yes. hobby hello about any hello how do you know a nothing about hobby fit is someone bought it. and then introduced himself as a member of a terrorist organisation and demanded money for that and my colleagues were terrorized through. the night so the school for a month and then i said we have to open it again we can't just give him. we have to work still life has to go on. the fifth night of the terrorists you or anyone else can stop me from working as a pistol only god is the master of my destiny. science technology innovation all th
and so i pay for everyone's meal as a kind of friendly tax. was. it said that kirkuk could be one of the world's richest cities it is certainly one of the most dangerous. discreet and ordinary heroines. who is a kurd investor are a puzzling fortune and the opening of a private school a generous act which has attracted m.p.'s attention. i'm terrified so little if i do the day after not thought it was broadcast to promote the school to physio and so i got a telephone call and i'm with you old...
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Mar 21, 2013
03/13
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CSPAN
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on taxes, you stand for giving breaks to the rich. they didreign policy, not support the bush foreign policy, so the stoll that made that republican party dominant come all three issues are in democratic favre. until you deal with these problems, it does not matter until network -- it does not matter what network you have. conservatives and, smaller government, less intrusion, and with they will have to figure out how to mollify the social movement. >> i do not think anyone has suggested the only thing that republicans are waiting right now is doing any better data bases and do we need more storefront offices. i was responding to a question directly about that. there is a lot of discussion going on right now about positioning, policies, looking for some of integrating new program pauses, how do we explain our policies better. i do not accept the premise that there is no doubt when you look at the gay marriage issue, that is very generational, it moved faster than any social issue i have ever seen. on the flip side, the pro-life argume
on taxes, you stand for giving breaks to the rich. they didreign policy, not support the bush foreign policy, so the stoll that made that republican party dominant come all three issues are in democratic favre. until you deal with these problems, it does not matter until network -- it does not matter what network you have. conservatives and, smaller government, less intrusion, and with they will have to figure out how to mollify the social movement. >> i do not think anyone has suggested...
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Mar 20, 2013
03/13
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KCSMMHZ
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. >> cypress has long been a tax haven for russian companies who have billions of euros in separate banks, but many russians who live on the island are outraged at the proposed levy on their savings. >> this country has cheated us and stolen our money. yes, stolen. it was not their money. we brought it here. we did not earn it here. >> for now, a separate account holders are relieved that parliament shot down the proposal. >> it was time to take a stand. they are sure to find a solution. the separate people are strong. we can take a lot. we have proven that before through many tough times. >> the cypriot government is still searching for any viable solution. even the country's archbishop has offered to help by digging into the pockets of the church. 17 billion euros is the son the island needs to keep afloat, approximately equivalent to the country's economic output, and it is more than the eu is willing to put up without a significant contribution from cyprus itself. >> for more, we can go now live to nicosia where our correspondent is monitoring events for us. after anchoring the russia
. >> cypress has long been a tax haven for russian companies who have billions of euros in separate banks, but many russians who live on the island are outraged at the proposed levy on their savings. >> this country has cheated us and stolen our money. yes, stolen. it was not their money. we brought it here. we did not earn it here. >> for now, a separate account holders are relieved that parliament shot down the proposal. >> it was time to take a stand. they are sure to...
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Mar 20, 2013
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but taxing people's bank accounts proved unpopular, even when the provision was added to shield small savers. banks across cyprus will remain closed until thursday to avoid a run on cash. uncertainty about the cyprus situation set markets around the world and on wall street on edge. the dow jones industrial average gained more than three points to close above 14,455. the nasdaq fell eight points to close at 3229. seven u.s. marines were killed after a mortar unexpectedly exploded during a training exercise in western nevada. military officials said that prompted the pentagon to halt the use of the mortar worldwide until an investigation can be completed. the accident happened last night at the hawthorne army depot. the marines who were killed were based at camp lejeune in north carolina. seven other marines and sailors were injured in the explosion. a proposed ban on assault weapons will not be part of a gun controlill slated for debate next month. california senator diane feinstein said it will instead be offered as an amendment. but that amendment is unlikely to survive because of s
but taxing people's bank accounts proved unpopular, even when the provision was added to shield small savers. banks across cyprus will remain closed until thursday to avoid a run on cash. uncertainty about the cyprus situation set markets around the world and on wall street on edge. the dow jones industrial average gained more than three points to close above 14,455. the nasdaq fell eight points to close at 3229. seven u.s. marines were killed after a mortar unexpectedly exploded during a...
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Mar 23, 2013
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the irs using your tax dolls to make this movie. and if you're in the market for a pet, great tips how to find the right one for your family. ♪ who let the dogs out ♪ ♪ who let the dogs out ♪ ♪ who let the dogs out ♪ ♪ [ female announcer ] hey ladies, you love it, you gotta have it. cinnamon toast crunch. 'cause that cinnamon and sugar is so irresistible. [ slurps ] [ chuckles ] everybody craves those crazy squares. yeah? then how'd i get this... [ voice of dennis ] ...safe driving bonus check? every six months without an accident, allstate sends a check. silence. are you in good hands? >> hey, here is your shot of the morning. you want to treat your pup with a box of goodyies. national puppy day and you can do that. >> and the ceo and founder joins me now. what do we have here? >> we have a bark box, once a month to spoil their dogs. we send them to dog parents and people and crazily obsessed with their dogs to spoil them with high qualities toys and treats. >> jesse: a steak there. >> a steak that squeaks and the dog
the irs using your tax dolls to make this movie. and if you're in the market for a pet, great tips how to find the right one for your family. ♪ who let the dogs out ♪ ♪ who let the dogs out ♪ ♪ who let the dogs out ♪ ♪ [ female announcer ] hey ladies, you love it, you gotta have it. cinnamon toast crunch. 'cause that cinnamon and sugar is so irresistible. [ slurps ] [ chuckles ] everybody craves those crazy squares. yeah? then how'd i get this... [ voice of dennis ] ...safe...
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Mar 18, 2013
03/13
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-- paying the most income tax. they are based here. number 4, wells fargo bank, which paid $9.1 billion in income tax last year. apple ranked number three. they paid more than $14 billion. chevron of san ramon paid $20 million in income tax last year. exxonmobil of texas topped the list. they paid $31 billion. >>> 8:19. the chp is investigating whether dangerous driving may have led to last night's fiery crash in walnut creek that killed a motorist. it happened on interstate 680 just south of rudgear road around 6:00. the chp says the crash involved four cars, one of them burst into flames. witnesses say the motorcycle and another vehicle appeared to be driving recklessly before the collision. >>> services are scheduled today for the three people killed in a daly city crash earlier this month. a viewing is scheduled for 50- year-old hosefa acevad and her 23 and 15-year-old sons. funeral services are scheduled for tomorrow. police say the family was pulling out of their driveway when their car was hit by 23- year-ol
-- paying the most income tax. they are based here. number 4, wells fargo bank, which paid $9.1 billion in income tax last year. apple ranked number three. they paid more than $14 billion. chevron of san ramon paid $20 million in income tax last year. exxonmobil of texas topped the list. they paid $31 billion. >>> 8:19. the chp is investigating whether dangerous driving may have led to last night's fiery crash in walnut creek that killed a motorist. it happened on interstate 680 just...
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Mar 25, 2013
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city based salaries and benefits and borrowing on anticipated developer fees and increasing property tax revenue but that vanished when the mortgage bubble burst and slashed tens in millions in services and programs but drew the line at cutting pensions or retiree benefits. >> mike is off but lisa is here with the forecast. >> it has been cloudy and cool this morning. we are seeing some sunshine in parts of the bay but still looking mild out there. don't want to give it all away we have the last week of march, easter week, and that is all straight ahead. >> plus, a new warning from medical experts, what many new mothers are doing too soon. >> the mystery deepens over who won one of the biggest power >> cupertino, wine country and all the bay area this is abc7 news. >> study suggests many mothers give their baby solid food way too soon. the centers for disease control conducted a national survey of more than 1,300 mothers and 40 percent gave their babies solid food before they were four months old and 9 percent as early as four weeks. doctors recommend waiting until at least six months wh
city based salaries and benefits and borrowing on anticipated developer fees and increasing property tax revenue but that vanished when the mortgage bubble burst and slashed tens in millions in services and programs but drew the line at cutting pensions or retiree benefits. >> mike is off but lisa is here with the forecast. >> it has been cloudy and cool this morning. we are seeing some sunshine in parts of the bay but still looking mild out there. don't want to give it all away we...
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Mar 20, 2013
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santa clara must waive the hotel tax on the 350 rooms they will occupy. it will waive the surcharge that goes to debt service on the new stadium and waive a 35 cent per ticket fee that funds programs along with a parking fee that recoups the city's cost for services. santa clara says it will get reimbursed for public safety excesses by the host committee. >> it was our intention to make sure that we walk away putting on a great show, doing a lot of work and making sure we come out whole in this process and being reimbursed for our efforts to make it a successful event. >> reporter: giving a hotel tax break isn't as bad. 350 looms are involved. at the rate is 14.25 translates into $5,000 loss per night, revenue that normally goes into the general fund. general manager at hilton santa clara says superbowl spending will more than off set that loss. >> the value and exposure we're going to get here and what is spent here in the time frame will more than make up for anything that is lost. >> reporter: he is planning a 140 room in addition to the hold with room
santa clara must waive the hotel tax on the 350 rooms they will occupy. it will waive the surcharge that goes to debt service on the new stadium and waive a 35 cent per ticket fee that funds programs along with a parking fee that recoups the city's cost for services. santa clara says it will get reimbursed for public safety excesses by the host committee. >> it was our intention to make sure that we walk away putting on a great show, doing a lot of work and making sure we come out whole...
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issued his final report to congress last month detailing billions of dollars, billions of united states tax dollars lost to waste, fraud, and abuse. speaking with an iraqi official, special insector, stuart was told, you can fly in a helicopter around baghdad and other cities, but you cannot point a finger to a single project that was built and completed by the united states. mr. speaker, unfortunately these lost opportunities and tragic mistakes are not behind us. as the daughter of a 25-year veteran of the armed forces, i recognize the sacrifices our young men and women have made in iraq and continue to make in afghanistan. i am deeply concerned with the widespread incidences of ptsd and the alarming suicide rates among our returning veterans. we need to honor our troops who served and show our support by giving our o men and women who served the best health care, the best educational opportunities, and the best job available. they deserve nothing less. it is my hope that this reckless and shortsighted decision will mark a turning point in american history and that that we will never agai
issued his final report to congress last month detailing billions of dollars, billions of united states tax dollars lost to waste, fraud, and abuse. speaking with an iraqi official, special insector, stuart was told, you can fly in a helicopter around baghdad and other cities, but you cannot point a finger to a single project that was built and completed by the united states. mr. speaker, unfortunately these lost opportunities and tragic mistakes are not behind us. as the daughter of a 25-year...
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Mar 19, 2013
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the reason is largely related to avoidance of taxes. cenk: fantastic. so they avoid taxes. is this a way of avoiding regulation too? >> well, most definitely. they are able to avoid environmental regulations labor codes, their workers work under the labor requirements of the country of panama. they influence panama to pass whatever legislation is in their interest. people may be interested that the closest competitor to carnival is royal caribbean they're registered in liberia. they moved ships out during the civil war figuring the optics just didn't look right. cenk: it's not like your ships break down all the time, oh, right, they do. what difference does it make the american taxpayers pay for it. in the case of carnival, who has the more corrupt government, panama that lets them get away with no regulation or attaches or us when we let them get away with it plus pay for rescuing them over and over. >> i think the u.s. government is pretty -- they're afraid to stand up to the industry. the industry hasn't passed. at the time, congress has begun to consider legislation tha
the reason is largely related to avoidance of taxes. cenk: fantastic. so they avoid taxes. is this a way of avoiding regulation too? >> well, most definitely. they are able to avoid environmental regulations labor codes, their workers work under the labor requirements of the country of panama. they influence panama to pass whatever legislation is in their interest. people may be interested that the closest competitor to carnival is royal caribbean they're registered in liberia. they moved...
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it is a not so much a stealth tax as a sort of a swipe tax is that a very quickly and in some ways you could say that this is actually. on one level a prototype for how the country will timidly have to leave the euro zone entirely have to be done very quickly almost overnight with a certain sort of grab at the doors of the banks trying to make sure that the bank machines are basically switched off and then seeing the public in disarray that the following day and a huge crisis in parliament so whatever happens in terms of the the taxing and back accounts i think we're going to see this model of of how. democracies and how the the economy has to deal with a certain us are in crisis repeated in one scale in one form or another and quite possibly on a larger scale but let's hope not well leave the sun isn't shining in london by the looks of things and it's certainly not shining in cyprus although it should be thank you very much indeed les thanks for joining us live there that's leigh rather i'm in london. well the aftershocks of the proposition have been felt with other countries of cours
it is a not so much a stealth tax as a sort of a swipe tax is that a very quickly and in some ways you could say that this is actually. on one level a prototype for how the country will timidly have to leave the euro zone entirely have to be done very quickly almost overnight with a certain sort of grab at the doors of the banks trying to make sure that the bank machines are basically switched off and then seeing the public in disarray that the following day and a huge crisis in parliament so...
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. >> the additional money generated through proposition 30 which temporarily raises taxes on high earners to help fund public ed oox state lawmaker introduce aid bill closing a loophole alouing out of state players to file california worker compensation clai.s right now, 3,000 retired players never played have worker's comp claims pending in california court claiming they were injured in that state. in case that's is costing state taxpayers millions. >> to a lot of chase bank customers got a big scare when they went online today. >> yes. looked as though all money was gone. >> yes. >> can you imagine? >> yes. >> imagine going on line, seeing your balance is zero. that is what happened to many chase bank customers many of those went online or used smart phone owes co-not see balances. is those who did manage to log on saw a zero balance. chase said it was an internal problem that has been resolved. so your money should show up if looking now. positive news on the housing front. foreclosures dropped in february, down 29% compared to the year before. lowest since the housing crisis started.
. >> the additional money generated through proposition 30 which temporarily raises taxes on high earners to help fund public ed oox state lawmaker introduce aid bill closing a loophole alouing out of state players to file california worker compensation clai.s right now, 3,000 retired players never played have worker's comp claims pending in california court claiming they were injured in that state. in case that's is costing state taxpayers millions. >> to a lot of chase bank...
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tax rates for corp. -- tax breaks for corporate jets, tax subsidies for big oil companies that are making record profits. tax incentives for american companies to ship our jobs overseas. the c.b.c. budget will close these wasteful corporate loopholes. third, we look for savings by cutting waste, fraud, and abuse. and we take this approach because of the sensitive nature of our fragile economic recovery. you can't just cut the budget with a meat cleaver without hurting the american people. and lastly, the c.b.c. balanced approach stands up for important programs like social security, medicare, and medicaid that have nothing to do with the economic mess that we find ourselveses in right now. now we don't have a short-term deficit crisis in america. that's what the independent objective economists have concluded. the speaker of the house of representatives has acknowledged we don't have a short-term deficit crisis. the chairman of the budget committee just yesterday acknowledged that we don't have a short-term deficit crisis. we've gained six million jobs over the last four-plus years but we
tax rates for corp. -- tax breaks for corporate jets, tax subsidies for big oil companies that are making record profits. tax incentives for american companies to ship our jobs overseas. the c.b.c. budget will close these wasteful corporate loopholes. third, we look for savings by cutting waste, fraud, and abuse. and we take this approach because of the sensitive nature of our fragile economic recovery. you can't just cut the budget with a meat cleaver without hurting the american people. and...
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russia condemns the proposal as unfair and dangerous with some experts saying if the tax is brought in moscow may have to rethink its help ailing europe. the u.s. military maintains there is no mass hunger strike at guantanamo bay where more than one hundred detainees are reportedly starving themselves in protest mistreatment. and no war peace we also want washington and its allies have left behind in iraq as more deadly bombings strike the nation ahead of the ten year anniversary of the u.s. led invasion our top stories this hour. international news and comment live from our studio center here in moscow this is the twenty four hour a day the parliament in cyprus has delayed until tomorrow a decision on whether to allow an e.u. bailout which will cost its citizens millions of the euro's every bank customer will have their cash taxed if it goes through the plan calls panic over the weekend with people emptying a.t.m. machines fearing their life savings could be plundered correspondent cynthia reports on the implications. the e.u. finance ministers as the and the international monetary f
russia condemns the proposal as unfair and dangerous with some experts saying if the tax is brought in moscow may have to rethink its help ailing europe. the u.s. military maintains there is no mass hunger strike at guantanamo bay where more than one hundred detainees are reportedly starving themselves in protest mistreatment. and no war peace we also want washington and its allies have left behind in iraq as more deadly bombings strike the nation ahead of the ten year anniversary of the u.s....
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couple of minutes we are now hearing the news was fifty the cypriot parliament rejected that savers tax to payroll banks demanded by the european union as a precondition of a future bailout of these tests or a seller as got more for us on what's happening in the mediterranean island tonight bring us up to speed what you know the. they were right in front of the cypriot parliament to the parliamentarians just stepping out here and as far as we know they had rejected the one time bank deposit tax that was imposed by the e.u. finance ministers of the i.m.f. over the weekend now according to the a parliamentarian i spoke with there were thirty six nos nineteen abstained abstentions and zero yes s. and therefore you can see that to really the opposition in the country to what is being required of them to get the ten billion euro bailout is very very strong emotions running high here on the street behind me you can see to my left and to my right there are people with banners and chanting emotions running high this is their show them showing their opposition to this a one time back to pass a t
couple of minutes we are now hearing the news was fifty the cypriot parliament rejected that savers tax to payroll banks demanded by the european union as a precondition of a future bailout of these tests or a seller as got more for us on what's happening in the mediterranean island tonight bring us up to speed what you know the. they were right in front of the cypriot parliament to the parliamentarians just stepping out here and as far as we know they had rejected the one time bank deposit tax...
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with some experts saying if the tax is brought in may have to rethink its help for ailing europe. the u.s. military maintains there is no mass hunger strike at guantanamo bay more than one hundred detainees are reportedly starving themselves in protest at mistreatment. what washington and its allies have left behind in iraq because more deadly bombings strike the nation ahead of the ten year anniversary of the u.s. led invasion of top stories. international news and comment from our studio in. twenty four hours a day the parliament in cyprus is delayed until choose the decision on whether to and. which will cost its citizens millions of their hard earned euros every bank customer will have their cash taxed if it goes through the plan cause panic over the weekend with people emptying a.t.m. machines fearing their life savings could be plundered correspondent reports on the implications the e.u. finance ministers as the and the international monetary fund had agreed upon a ten billion euro bailout for the country on the condition that this tax a bank deposit tax be imposed now this
with some experts saying if the tax is brought in may have to rethink its help for ailing europe. the u.s. military maintains there is no mass hunger strike at guantanamo bay more than one hundred detainees are reportedly starving themselves in protest at mistreatment. what washington and its allies have left behind in iraq because more deadly bombings strike the nation ahead of the ten year anniversary of the u.s. led invasion of top stories. international news and comment from our studio in....
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there have been terms proposed about anybody with less than twenty thousand euros in the bank being tax free without any any outcome from this decision the government is toying with the idea of finding the five point eight billion replied euros from other sources and government bonds could be involved also possibly bank pension funds the e.u. has said that cyprus is free to some extent to find the five point eight billion euros where it chooses there has been a lot of anger and have been people saying that they want to remove that cash from cyprus as soon as they can but really a feeling of expectancy here. back to the crisis in cypress now with the palm in their sets of the it on the bank deposit tax at about four o'clock g.m.t. today belgium m.e.p. data k u n f painter says that given european taxpayers are wary there's there's little alternative but to pass the tax cause the quizes ingres is mainly to blame for what's happening in cyprus now because the goodison separate banks have been exposed to greece. the european union is already trying to say agrees brees already has three bill
there have been terms proposed about anybody with less than twenty thousand euros in the bank being tax free without any any outcome from this decision the government is toying with the idea of finding the five point eight billion replied euros from other sources and government bonds could be involved also possibly bank pension funds the e.u. has said that cyprus is free to some extent to find the five point eight billion euros where it chooses there has been a lot of anger and have been people...
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the tax code, i'm for a flat income tax and we wouldn't have marriage as part of the tax code. health insurance. i think there is a way to write it where it would be neutral and you wouldn't bring marriage into the whole idea of health insurance. >> will any of that happen. ? joining me, the anchor of "fox news sunday," chris wallace. good to see you. senator paul has taken this spogs. does very the support behind him? >> well, it's going to be interesting because this is directly involves the case on the defense of marriage october that the supreme court is going to hear this week. that case involves a gay couple, same-sex couple, one of the two women died. the other one had had been legally married in the state and she said, therefore, she should get the rights that any spouse gets that the first, at this point $5 million in inheritance is tax free. but doma says same-sex marriage is not recognize at the federal law. she didn't get that federal tax break. that's what doma is all about, as i read what senator paul is saying, he says he would agree with the plaintiff in this ca
the tax code, i'm for a flat income tax and we wouldn't have marriage as part of the tax code. health insurance. i think there is a way to write it where it would be neutral and you wouldn't bring marriage into the whole idea of health insurance. >> will any of that happen. ? joining me, the anchor of "fox news sunday," chris wallace. good to see you. senator paul has taken this spogs. does very the support behind him? >> well, it's going to be interesting because this is...
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hotel tax?s for 350 of those with the nfl will be waived. two tax surcharges that would go to funding the new stadium are also waived among other things. the mayor says money will be made back from filling hotels and also private donors. some that i talked with this evening are still not happy with the city?s decision. santa clara is competing with miami for the 2016 super bowl. miami however chose not to give in to these requests made by the nfl. mayor matthews believes this move puts santa clara in a prime position to get the big game. while there was lots of super bowl talk tonight keep in mind the nfl won?t make their decision on a location until late may. reporting in santa clara j.r. stone kron 4 news. now to a developing story in san jose. police are looking for a gunman who they say shot a man in an apparent drive-by shooting. the victim is hospitalized tonight. it happened near fisher middle school on hopkins drive. police say the victim -- between 18 and 20 years old was standing on the sidewalk when a light-colored s-u-v drove by
hotel tax?s for 350 of those with the nfl will be waived. two tax surcharges that would go to funding the new stadium are also waived among other things. the mayor says money will be made back from filling hotels and also private donors. some that i talked with this evening are still not happy with the city?s decision. santa clara is competing with miami for the 2016 super bowl. miami however chose not to give in to these requests made by the nfl. mayor matthews believes this move puts santa...
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fifty years old he's a syrian born naturalized american has been living in taxes for decades he used to be executive and came to prominence working with a humanitarian agency during the war and of course expectations are very high that were very high that i mean these nomination to help stop the bloodshed in the country but what about the arab league meeting what do we what are we expecting from as i was tired unfortunately expectations were very high but unfortunately we can't expect to march of progress here though john kerry and russian foreign minister lavrov found common ground on the geneva declaration recent and kerry's response to have a personal relationship with our side it seems that fighting is continuing the ground violence and is intensifying as well as claims and size i mean ready to talk actually are continuing to blame each other and are still warring sides. most of which pretty sure. clarke has written extensively about syria told us it's no accident. spent a large part of his life in the u.s. before being voted in those opposition prime minister let's take a listen
fifty years old he's a syrian born naturalized american has been living in taxes for decades he used to be executive and came to prominence working with a humanitarian agency during the war and of course expectations are very high that were very high that i mean these nomination to help stop the bloodshed in the country but what about the arab league meeting what do we what are we expecting from as i was tired unfortunately expectations were very high but unfortunately we can't expect to march...
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dedicated young says that there may be no alternative to pass in the tax because the quizes ingres is mainly to blame for what's happening in cyprus now because the goodison cypriot banks have been exposed to two greece bert's of the european union is already trying to say agrees the ready has had three bailout operations and is still in the middle of it so there's not much greece can do anymore and the only thing we can do is to try to save cyprus which is already the fifth bailout operation and of course there is also a limit to the patients our taxpayers in germany the netherlands and finland because finally these are the people who have to guarantee their loans to cyprus and their patients now is limited so i think it was. it was good to have a contribution of the savers in cyprus itself because in other countries we have a different sort of problems but remember in spain savers already have contributed those people who had an interest in the spanish bank bankia lost money some people in other banks have lost money and generally european savers are losing money because we have a p
dedicated young says that there may be no alternative to pass in the tax because the quizes ingres is mainly to blame for what's happening in cyprus now because the goodison cypriot banks have been exposed to two greece bert's of the european union is already trying to say agrees the ready has had three bailout operations and is still in the middle of it so there's not much greece can do anymore and the only thing we can do is to try to save cyprus which is already the fifth bailout operation...
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the totel tax on the rooms would offset the tax break. the hilt n onsanta clara sits adjacent to the new stadium and general managers have seen impact of the super bowl. >> i did the super bowl. it was rams and titans and that gave us a record month, far and away, crushed any numbers that hotel had done in the past for the month. >> seniors and young people facing a small risk of losing revenue. during regular season, sales are expected to generate all but $25,000 of the funds. so that means only one playoff game would generate enough money to make that up. coming up at 6:00 we'll tell what you santa clara knows about what the competition is offering to win the super bowl. >> thank you, david. >> three vendors will voon a new home. city officials announced today that vendors will be allowed to set up trailers at north corner of bankroft way and college avenue. >> a massive crowd of 200,000 people packed st. peter's square to catch a glimpse of the man that will now lead the world's catholic autos the pilgrims came to greet pope francis on
the totel tax on the rooms would offset the tax break. the hilt n onsanta clara sits adjacent to the new stadium and general managers have seen impact of the super bowl. >> i did the super bowl. it was rams and titans and that gave us a record month, far and away, crushed any numbers that hotel had done in the past for the month. >> seniors and young people facing a small risk of losing revenue. during regular season, sales are expected to generate all but $25,000 of the funds. so...
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very difficult position because it's rejected the proposal by the european union and the troika to tax private bank accounts and now frankly there are not many places for cyprus to turn for help and actually one of these places is russia and the site that finance minister has been in the russian capital the entire day he's met with his russian counterpart and with the first deputy prime minister there is speculation that cyprus is asking russia for a loan so far the finance minister said that he was satisfied with the negotiations but no official offer has been made so far although he himself said he's not leaving moscow until an agreement is reached all of this is happening. while anger and anger a miracle being furious over cyprus talking to moscow about this all together since earlier she strongly advised the country not to even discuss the issue with anybody else but brussels or the troika and actually we know that the president personally told what he will put in about his country's problems decision to reject the european union's proposal and we also already know that cyprus alre
very difficult position because it's rejected the proposal by the european union and the troika to tax private bank accounts and now frankly there are not many places for cyprus to turn for help and actually one of these places is russia and the site that finance minister has been in the russian capital the entire day he's met with his russian counterpart and with the first deputy prime minister there is speculation that cyprus is asking russia for a loan so far the finance minister said that...
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edge of bankruptcy after because see it rejects a european and that often spiked by an unprecedented tax on savers to put the latest. like a bull in a china shop but so russian president dmitri medvedev destroyed the bailout tax i think that the plan was nothing less than the soviet expropriation of property. russia the e.u. and human rights officials sound the alarm over the treatment of prisoners in guantanamo bay u.s. military officials try to downplay a mass hunger strike in the detention center. and barack obama arrives in israel for the first time as u.s. president but may struggle to close the growing gap between the country's middle east policy it's. very good even if you just joined us is kevin over here live the r.t. new center tonight our top story the scenes overleaf and celebration greeted the cypriot parliament's rejection of that tax on bank deposits the one off levy linked to an e.u. bailout deal would have seen millions of account holders lose up to a tenth of the savings had been condemned by officials in the public alike but the country of course now finds itself on th
edge of bankruptcy after because see it rejects a european and that often spiked by an unprecedented tax on savers to put the latest. like a bull in a china shop but so russian president dmitri medvedev destroyed the bailout tax i think that the plan was nothing less than the soviet expropriation of property. russia the e.u. and human rights officials sound the alarm over the treatment of prisoners in guantanamo bay u.s. military officials try to downplay a mass hunger strike in the detention...
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a bank deposit tax be imposed now this could amount to up to nine point nine percent of of those who have a more than one hundred thousand euros in the bank and for many people there it's said their entire life savings that they have that are they feel are now in trouble and the panic that has been stirred over the weekend people trying to get money out of the cash machines but electronic transfers have been stopped and. people there calling this is. simply a robbery there their savings being taken away from them the president of the country however have been. acceptance of the bailout as crucial for the country says that if. this requirement is. the country will might be forced to get out of the euro of the euro zone area and therefore some people feel that the country has really been put in a position where it has no choice but to accept everything that is down by brussels by e.u. leaders by the meetings that they have here people are concerned again they really see this as. what is supposed to be there and this is unprecedented in the sense that this is the first time that a requi
a bank deposit tax be imposed now this could amount to up to nine point nine percent of of those who have a more than one hundred thousand euros in the bank and for many people there it's said their entire life savings that they have that are they feel are now in trouble and the panic that has been stirred over the weekend people trying to get money out of the cash machines but electronic transfers have been stopped and. people there calling this is. simply a robbery there their savings being...
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so this tax passes my did not flee to europe then i mean now that the president does that. i don't think so i think those investors in cyprus for them the best option is actually to stay as i said if you do you shave if you sit or you don't move and then war should people going to go to saudi arabia recently hedge fund in saudi arabia went bankrupt the saudi the saudi citizens and investors were bailed out and all the forces with rome under the bush so there are not many places you can actually go to where you go to switzerland very hard these days can you go to china what is the status of their banks so i think when you restore the rule of law in cyprus or you save cyprus still sorry going to be a good place to be. messages pink i wish we had more time with you belgian m.e.p. thank you very much your metaphor has definitely been taken on board and i'm sure they'll be more talk about that in the coming days. it was a it was an advise for free thank you. the hunger strike at guantanamo bay continues to gain momentum as human rights groups on criticized for ignoring the pligh
so this tax passes my did not flee to europe then i mean now that the president does that. i don't think so i think those investors in cyprus for them the best option is actually to stay as i said if you do you shave if you sit or you don't move and then war should people going to go to saudi arabia recently hedge fund in saudi arabia went bankrupt the saudi the saudi citizens and investors were bailed out and all the forces with rome under the bush so there are not many places you can actually...
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right now so this is just rejected the bailout plan by brussels and the troika off key investors to tax private bank accounts in cyprus and frankly there aren't that many places to turn to right now for assistance to cypriot finance minister is in moscow he's met with his russian counterpart and he's said that he's satisfied little negotiations but at the same time added i don't want to show off or has been made so for a little very strict elation that cyprus is going to ask russia for a loan but we do know that the country already holds moscow two and a half billion year old this is for another loan which was given to the currency back in two thousand and eleven back then it exceeded ten percent of its g.d.p. and helped its economy stay afloat so the big question now is is cyprus going for broke is it going to ask russia for a complete bailout package but the big picture is angle in merkel is completely furious with cyprus even talking to moscow about this even though it's widely acknowledged that up to thirty percent of deposits on the sites bank accounts belong to russian businesses.
right now so this is just rejected the bailout plan by brussels and the troika off key investors to tax private bank accounts in cyprus and frankly there aren't that many places to turn to right now for assistance to cypriot finance minister is in moscow he's met with his russian counterpart and he's said that he's satisfied little negotiations but at the same time added i don't want to show off or has been made so for a little very strict elation that cyprus is going to ask russia for a loan...
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, local taxes, or federal taxes. california says they miss about $6.5 billion a year in tax revenue because of the underground economy. you multiply that out, that's a lot of money. adds up to more than they sequester. >> shepard: a large part of that is the failed drug war. but the drug war -- the reason it existed now, frankly, is that there's such an enormous economy around the failed drug war, that all the people who work in this failed industry, if you closed the failed drug war industry, you'd have hundreds of thousands of people without jobs. reporter: i suppose. or do the opposite which is make marijuana legal and maybe try to tax it. >> shepard: and regulate it. reporter: i think that illegal activity is a constant and what is new is work that is actually legal, it's just not -- off the books and the income is not being reported. >> shepard: changing world. >> it is. >> shepard: this dire situation in syria got more complicated, at least for today. coming up more on the reported use of chemical weapons. now,
, local taxes, or federal taxes. california says they miss about $6.5 billion a year in tax revenue because of the underground economy. you multiply that out, that's a lot of money. adds up to more than they sequester. >> shepard: a large part of that is the failed drug war. but the drug war -- the reason it existed now, frankly, is that there's such an enormous economy around the failed drug war, that all the people who work in this failed industry, if you closed the failed drug war...
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the vent here angry crowds you're seeing ringing the cypriot parliament demanding the rejection of a tax that would see savers bailing out banks that levy could see people lose up to ten percent of their life savings or for cyprus to qualify for these pictures being broadcast live from the parliament now by artie's roughly video news agency or that streaming online to. express his concern over the ongoing hunger strike in guantanamo bay despite authorities efforts to play down the protests we've got the latest there this hour. busy news night a series of bomb attacks through baghdad killing dozens and injuring hundreds as iraq struggles to get back on its feet on the tenth anniversary of the u.s. led invasion. good evening this is our kevin oh it's good to have you company our top story a rocket attack on a town outside aleppo in syria's north has left dozens dead including sixteen government soldiers details about what actually happened on the ground within but there are reports that chemical weapons could have been used both the syrian government and the opposition are accusing each ot
the vent here angry crowds you're seeing ringing the cypriot parliament demanding the rejection of a tax that would see savers bailing out banks that levy could see people lose up to ten percent of their life savings or for cyprus to qualify for these pictures being broadcast live from the parliament now by artie's roughly video news agency or that streaming online to. express his concern over the ongoing hunger strike in guantanamo bay despite authorities efforts to play down the protests...
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officials the plan was intended to make wealthy foreigners who often use cyprus as a tax haven pay for the bailout but the plan would have forced all separate account holders not just the wealthy to pay for the bank's toure's mistakes not surprisingly citizens of all classes took to the streets demanding that their government reject the e.u. bailout their protests worked eventually forcing tuesday's unanimous no vote in the e.u. i.m.f. proposal but the small mediterranean islands banks are still in danger e.u. and cypriot officials are scrambling to come up with an alternative and i'll turn. scheme before banks reopen next tuesday march twenty sixth allen's finance ministry for one as suggested accepting the e.u. bailout on the condition that exempts smaller account holders from the lobby of the european finance ministers like francis pure mosco moscow these have also expressed support for such an exception and at the same time however the cypriot government is also exploring a bailout plan with russia which is not part of the e.u. any agreement with russia would likely include access
officials the plan was intended to make wealthy foreigners who often use cyprus as a tax haven pay for the bailout but the plan would have forced all separate account holders not just the wealthy to pay for the bank's toure's mistakes not surprisingly citizens of all classes took to the streets demanding that their government reject the e.u. bailout their protests worked eventually forcing tuesday's unanimous no vote in the e.u. i.m.f. proposal but the small mediterranean islands banks are...